The headlines are announcing once again that Chicago is Number 1 Buyer's market in the country. Information is sourced from the web site Zillow. Of course, this means that Chicago is not favorable to sellers right now. In fact, Chicago home prices have recently declined whereas the rest of the country is experiencing price increases. Our own experience here at iMove Chicago has been that the inventory placed for sale is meager due to many owners witholding properties from the market and choosing instead to offer them for rent. Many are just unwilling to accept the haircut on price. Our company's inventory of high end condos and single family homes has exploded recently. You may be surprised to learn that there are only five single family homes in all of Andersonville currently on the market for sale. We discovered this dearth of available properties when conducting a search recently for a family looking to relocate from out of state and return to their native Andersonville roots. The fact is, there are simply few homes available. If you are holding off on listing a property for fear of the market, now is the time to act. Buyers are back and they are looking to take advantage of historically low interest rates. The trouble is that they have few available properties to choose from. Putting your house on the market now may be a savvy move to selling! Here are the homes currently available: 5440 North Ashland Avenue. Listed at $400,000 and on the market for 11 days. The MLS description: Andersonville brick 2 flat w/finished basement ($700), yard & 2 car garage. Both 2 br/1ba w/sep dining rooms & kitchens w/pantries. Sep. CA/GFA, hardwood floors, some original woodwork, updated kitchens and baths, enclosed back porch, great yard, and 2 car garage. No deferred maintenance here. Seller nor Broker represents legality of basement. Building shows wel!. Bring all offers. Listing courtesy of Cheryl Swanson – Swanson Realty. 1735 West Rascher Avenue. Listed at $599,000 and on the market for 213 days. The MLS description: Andersonville Victorian 2 Flat! Remodeled two-story owner's unit, huge master suite w/ jacuzzi tub, glass 2 person shower. kitchen has maple cab, granite counters and SS appliances, renovated 1st floor unit rented for $1900, landscaped back yard, and finished basement. Listing courtesy of Jim Anderson – RE/MAX Vision 212. 5248 North Wayne listed at $775,000 and on the market for 3 days. The MLS description: Lots of great space to spread out in this 4 bdrm home in Lakewood Balmoral Hist. Dist. Features 4 baths, built-ins, 4 fireplaces, mech. updates. Kitchen has granite island Viking and Bosch appl, & brkfst area. Huge master w/4 closets & fireplace. Master bath w/marble, sep. shower, Grohe. Third floor bdrm doubles as office. Lower level family room. Flagstone patio Walk to Andersonville shops, restaurants, Red Line. Listing courtesy of Pamela Ball – Baird & Warner 5457 North Wayne listed at $1.5 million and on the market for 200 days. The MLS description: Extraordinary rehab of a beautiful Lakewood/Balmoral home on a xtra wide corner lot! 16 rooms including formal family rec 5 bed 3.1 bth fp 2 decks large front yard luxury kitchen and 4 bedrooms on one level! Tasteful and elegant this home will satisfy the most discerning buyer! A short walk to the shops and nightlife of Andersonville...this is living! Listing courtesy of Bob Satawake – Jameson Sotheby's International Realty 5313 North Lakewood listed at $1,6 million and on the market for 111 days. The MLS description: Beautiful Home in Fabulous Neighborhood! Maple flooring, Glass Tile Baths, Sauna, Top Line Appliances, Custom Maple Cabinets, Custom Bookcases, 3 Indoor Fireplaces, Outdoor Fireplace, Outdoor Grill, 3 Decks, 2 Laundry Area Hook-Ups. The Best! Listing courtesy of Mary Roche – Mary Roche. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than iMove Chicago are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © Copyright 2012 Midwest Real Estate Data LLC. Information deemed reliable but not guaranteed. |
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